4031 Penniman Ave, Oakland, CA 94619 - View 1
4031 Penniman Ave, Oakland, CA 94619 - View 2
4031 Penniman Ave, Oakland, CA 94619 - View 3

4031 Penniman Ave, Oakland, CA 94619

List Price: $675,000On Market FlagOn market
Mar 23, 20251,450 sqft4 beds2 baths
Listed by: Michelle Thomas
License #: 02122327
Phone #: 925-289-9013
Complex Living Real Estate
Source:
CRMLS Logo
MLS #: 41090545

Property Description

Welcome to 4031 Penniman Ave, a rare investment opportunity in the heart of Oakland’s desirable Allendale neighborhood! This single-level 2-unit duplex features a total of 4 bedrooms and 2 bathrooms across 1,450 sq. ft., offering incredible potential for homeowners and investors alike. Each unit boasts spacious living areas and private backyard access, providing the perfect canvas to create your dream space. While the home needs some TLC, its prime location and competitive price make it a fantastic value in today’s market. Whether you’re looking to renovate and rent, live in one unit and rent the other, or maximize your ROI, this property is a must-see! With easy access to highways, BART, shopping, and restaurants, 4031 Penniman Ave offers both convenience and potential in one of Oakland’s up-and-coming areas. Don’t miss out on this chance to bring your vi
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$11,298

TurboHome Estimated Value

$714,100

$492 sqft

High Valuation
$749,805
$517/sqft
Normal Valuation
$714,100
$492/sqft
Low Valuation
$678,395
$468/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$492/sqft$714,100

Neighborhood: Allendale

Loading map...

Comparative Value

$650K

$675K

$740K

$835K

$900K

3808 Marion Ave, Oakland, CA 94619

Sale Price: $650,000

Selected Comparable

2636 38th Ave, Oakland, CA 94619

Sale Price: $658,000

Selected Comparable

4031 Penniman Ave, Oakland, CA 94619

List Price: $675,000

Subject Property

2906 Viola St, Oakland, CA 94619

Sale Price: $740,000

Selected Comparable

4352 Allendale Ave, Oakland, CA 94619

Sale Price: $835,000

Selected Comparable

3732 Quigley St, Oakland, CA 94619

Sale Price: $900,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4031 Penniman Ave, Oakland, CA 94619

4031 Penniman Ave, Oakland, CA 94619

List: $675,000

Listed: 3/23/2025

Area:1,450 sqft
Price/sqft:$466
Beds:4
Baths:2
Year Built:
Lot Size:3,590

Comparable Properties

COMPARABLE
Choose comps
2636 38th Ave, Oakland, CA 94619

2636 38th Ave, Oakland, CA 94619

Sale: $658,000

9/4/20240.22 mi

Area:1,473 sqft
Price/sqft:$447
Beds:4
Baths:2
Year Built:
Weight:23.5%
3732 Quigley St, Oakland, CA 94619

3732 Quigley St, Oakland, CA 94619

Sale: $900,000

6/23/20250.37 mi

Area:1,955 sqft
Price/sqft:$460
Beds:4
Baths:2
Year Built:
Weight:20.2%
3808 Marion Ave, Oakland, CA 94619

3808 Marion Ave, Oakland, CA 94619

Sale: $650,000

7/25/20250.19 mi

Area:1,171 sqft
Price/sqft:$555
Beds:3
Baths:2
Year Built:
Weight:19.5%
2906 Viola St, Oakland, CA 94619

2906 Viola St, Oakland, CA 94619

Sale: $740,000

10/9/20240.17 mi

Area:1,702 sqft
Price/sqft:$435
Beds:4
Baths:3
Year Built:
Weight:18.4%
4352 Allendale Ave, Oakland, CA 94619

4352 Allendale Ave, Oakland, CA 94619

Sale: $835,000

3/25/20250.22 mi

Area:1,215 sqft
Price/sqft:$687
Beds:3
Baths:2
Year Built:
Weight:18.3%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times